AKRE CAPITAL MANAGEMENT LLC: KKR & CO L P DEL (KKR): Quarterly 13F Position History
As of Q1 2026, AKRE CAPITAL MANAGEMENT LLC reported 6,718,078 shares of KKR & CO L P DEL (KKR), worth $621.4M and representing 10.2% of its 13F equity book. Quarter-over-quarter share count change: 1,387,971 (-17.1%) . The position first appeared in Q2 2018 and has been disclosed across 32 13F-HR filings in Pactolio's tracked window.
- 6,718,078Shares Held (Latest Filing)
- $621.4MReported Market Value (Latest Filing)
- 10.2%Portfolio Weight (% of 13F Equity Book)
- 1,387,971Quarter-over-Quarter Share Change
- -$411.9MQuarter-over-Quarter Value Change
- 16,910,607Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 32 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 6,718,078 | 1,387,971 | -17.1% | $621.4M | 10.2% | $92.5 |
| Q4 2025 | 8,106,049 | 607,215 | -7.0% | $1.0B | 11.3% | $127.5 |
| Q3 2025 | 8,713,264 | 134,300 | -1.5% | $1.1B | 11.3% | $129.9 |
| Q2 2025 | 8,847,564 | 0 | — | $1.2B | 11.5% | $133.0 |
| Q1 2025 | 8,847,564 | 1,436,000 | -14.0% | $1.0B | 9.8% | $115.6 |
| Q4 2024 | 10,283,564 | 1,110,272 | -9.7% | $1.5B | 13.2% | $147.9 |
| Q3 2024 | 11,393,836 | 2,295,980 | -16.8% | $1.5B | 12.4% | $130.6 |
| Q2 2024 | 13,689,816 | 1,189,735 | -8.0% | $1.4B | 12.7% | $105.2 |
| Q1 2024 | 14,879,551 | 1,768,668 | -10.6% | $1.5B | 12.4% | $100.6 |
| Q4 2023 | 16,648,219 | 262,388 | -1.6% | $1.4B | 11.6% | $82.8 |
| Q3 2023 | 16,910,607 | +1,676,739 | +11.0% | $1.0B | 9.6% | $61.6 |
| Q2 2023 | 15,233,868 | +57,500 | +0.4% | $853.1M | 7.1% | $56.0 |
| Q1 2023 | 15,176,368 | +73,450 | +0.5% | $797.1M | 7.0% | $52.5 |
| Q4 2022 | 15,102,918 | 350,000 | -2.3% | $701.1M | 6.3% | $46.4 |
| Q3 2022 | 15,452,918 | +77,006 | +0.5% | $664.5M | 5.9% | $43.0 |
| Q2 2022 | 15,375,912 | +510,592 | +3.4% | $711.8M | 5.7% | $46.3 |
| Q1 2022 | 14,865,320 | +134,660 | +0.9% | $869.2M | 6.0% | $58.5 |
| Q4 2021 | 14,730,660 | +632 | +0.0% | $1.1B | 6.4% | $74.5 |
| Q3 2021 | 14,730,028 | 2,716 | -0.0% | $896.8M | 5.5% | $60.9 |
| Q2 2021 | 14,732,744 | 1,080 | -0.0% | $872.8M | 5.4% | $59.2 |
| Q1 2021 | 14,733,824 | +7,376 | +0.1% | $719.7M | 4.9% | $48.9 |
| Q4 2020 | 14,726,448 | 920 | -0.0% | $596.3M | 4.0% | $40.5 |
| Q3 2020 | 14,727,368 | +5,511 | +0.0% | $505.7M | 3.6% | $34.3 |
| Q2 2020 | 14,721,857 | +534,321 | +3.8% | $454.6M | 3.4% | $30.9 |
| Q1 2020 | 14,187,536 | +1,432,716 | +11.2% | $333.0M | 3.2% | $23.5 |
| Q4 2019 | 12,754,820 | 0 | — | $372.1M | 3.4% | $29.2 |
| Q3 2019 | 12,754,820 | +1,220 | +0.0% | $342.5M | 3.4% | $26.9 |
| Q2 2019 | 12,753,600 | 0 | — | $322.3M | 3.3% | $25.3 |
| Q1 2019 | 12,753,600 | +101,500 | +0.8% | $299.6M | 3.2% | $23.5 |
| Q4 2018 | 12,652,100 | +2,652,100 | +26.5% | $248.4M | 3.1% | $19.6 |
| Q3 2018 | 10,000,000 | 0 | — | $272.7M | 3.2% | $27.3 |
| Q2 2018 | 10,000,000 | — | — | $248.5M | 3.1% | $24.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did AKRE CAPITAL MANAGEMENT LLC first disclose a KKR position in 13F-HR filings?
AKRE CAPITAL MANAGEMENT LLC first reported KKR & CO L P DEL (KKR) on its 13F-HR filing for the period ending 2018-06-30 (Q2 2018). The position has appeared on 32 reported quarters within Pactolio's tracked window.
What was AKRE CAPITAL MANAGEMENT LLC's most recent quarter-over-quarter share-count change in KKR?
Between Q4 2025 and Q1 2026, AKRE CAPITAL MANAGEMENT LLC reduced its KKR position by 1,387,971 shares (-17.1%), leaving 6,718,078 shares at a market value of $621.4M.
Does the implied price-per-share represent AKRE CAPITAL MANAGEMENT LLC's cost basis in KKR?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.